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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan?

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To: Larry S. who wrote (3953)8/5/1998 5:27:00 PM
From: hamster  Read Replies (3) of 4903
 
Netscape rumor: takeover in the works...

"IBM Corp. and Sun Microsystems Inc. are scheduled today to unveil the results of their joint development
project, JavaOS for Business, and pose it as a thin-client alternative to Microsoft Corp.'s Windows for
desktops on a network

Rumors on the street say IBM will not deny it has entered into a letter of intent to acquire Netscape Communications Corp.
to fulfill this purpose. Netsacpe Communications is the only thin-client platform aside from Mircosofts Internet Explorer to
carry out such a purpose. Oracle Corp. is also rumored to support this advancement.

"Sun's vision of open-standards network computing is increasingly being viewed as a cohesive ideology that
fundamentally confronts the current "Wintel" model (Wintel refers to Microsoft's Windows operating system
running on Intel (Nasdaq:INTC - news) chips, which together dominate and dictate to the PC market).
Companies like Netscape (Nasdaq:NSCP - news) , Oracle (Nasdaq:ORCL - news) and IBM (NYSE:IBM -
news) won't shed any tears if the Wintel stranglehold on PCs is broken, and they all have jumped behind Sun's
Java programming language and are collaborating in a number of alliances with Sun aimed at advancing the
network computing front." - The Online Investor

Netscapes intentionally depressed stock price and past stock activity happen to be a single indicator a takeover could be on
the horizon. We'll know if these intentions will solidify in the next couple of days."
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